Bernie Ecclestone ‘to be charged’ in Germany

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Ecclestone’s trial is understood to have been provisionally scheduled to begin on April 23Peter Macdiarmid

Sports Staff

Last updated at 1:50PM, January 16 2014

Bernie Ecclestone, the Formula One chief executive, is expected to face formal
charges over secret payments to a German banker, it was reported last night.

State prosecutors in Munich are said to be ready to announce today that they
will bring formal criminal proceedings against Ecclestone over $44 million
(about £27 million) that was paid to Gerhard Gribkowsky, a banker who was
involved in organising F1’s sale.

Ecclestone’s trial is understood to have been provisionally scheduled to begin
on April 23.

The report quoted “people close to the situation” as saying that Ecclestone
will step down from the board of the company